What you should know on the amendment on VAT legislation for transactions involving immovable property
As part of the harmonization process with the European Union, the Republic of Cyprus must also comply with the EU VAT Directive (2006/112/EC). A major aspect of VAT harmonization was the addition of VAT on the sale of land,...
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CYPRUS – TAX INCENTIVES FOR CORPORATIONS
In continuance to our recent article in regards to tax saving incentives for individuals; we would like to present to you some of the most important changes enacted over the last few years as far as companies are concerned....
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Cyprus: a place for innovation and start-ups
The increasing development of start-ups during the recent years has boosted a climate of innovation and growth in Cyprus that could not be overlooked by the government as it is highly promising in creating value for the economy. The...
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CYPRUS – An attractive tax savings destination for individuals
Recent changes in global tax laws and regulations are driving countries to implement new tax laws and offer tax incentives in order to attract international businesses and high net worth individuals that will help them boost their economy and increase...
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Cyprus – U.S.A Double Tax Treaty
The government of the Republic of Cyprus and the Government of the United States Of America, have signed an agreement on 19th of March 1984, effective as from 31st December 1985, for the avoidance of double taxation and the...
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Cyprus – Lebanese Republic Double Tax Treaty
The government of the Republic of Cyprus and the Government of the Lebanese Republic, have signed an agreement on 18th of February 2003, effective as from 14th of April 2005, for the avoidance of double taxation and the prevention of fiscal evasion with respect to...
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